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Showing posts with the label cycle

Solana or MultiversX? We asked ChatGPT-4o which is the best investment for this bull market cycle

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As the cryptocurrency market gears up for another potential bull market, investors are keen to identify the most promising cryptocurrencies. On July 20, Finbold turned to ChatGPT-4o, the latest iteration of OpenAI‘s language model, to analyze two competitive layer-1 blockchains: Solana (SOL) and MultiversX (EGLD). SOL vs. EGLD: Market capitalization and growth potential Currently, Solana boasts a market capitalization of $80 billion, with each SOL token priced at $170. In contrast, MultiversX’s market cap stands at $1 billion, with EGLD trading at $36.5. ChatGPT-4o points out that Solana’s larger market cap indicates a well-established ecosystem and strong investor confidence. However, this could limit its upside potential compared to the smaller-cap MultiversX. Picks for you Brazil to strengthen relations with Chin...

Why Bitcoin is lining up to hit $200k during current cycle

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Bitcoin (BTC) is once again trading above the $70,000 mark after avoiding dropping below $60,000. With the ongoing resurgence, investor attention remains fixated on whether BTC will rally and achieve another record high before the April halving event. Indeed, a significant portion of market attention is focused on Bitcoin’s ability to hit a six-figure mark, and crypto analyst TradingShot believes the maiden digital asset has a strong chance in the current cycle . In a TradingView post on March 28, the analyst suggested that the asset has the potential to reach $200,000, despite experiencing a two-week consolidation period after surpassing its previous all-time high. Picks for you XRP and XLM about to ‘melt faces;’ Here’s why 49 mins ago Bybit’s Unified Trading Account spurs capital efficiency with 96% institutional adoption rate 2 hours ago Bubble Alert: U.S. issuing bonds at pandemic rates 2 hours ago Roger Ver would support Bitcoin again if this happ...